Cambium Learning tumbles 24%, mystifying company [Seeking Alpha]
CAMBIUM LEARNING GROUP (ABCD)
Last cambium learning group earnings: 8/13 04:05 pm
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US:NASDAQ Investor Relations:
investor.cambiumlearning.com/investor-overview
Company Research
Source: Seeking Alpha
Cambium Learning tumbles 24%, mystifying companyCambium Learning (NASDAQ:ABCD)tanked 24.1% today in its biggest drop ever, and the company's not sure why.A precipitous drop began just after 1 p.m. and a steady fall ran from 2 p.m. to closing. Volume ran at 10 times normal.The company told Bloomberg it's not aware of any reason for the fall.Shares still aren't near their 52-week low, and have more than doubled over the previous 12 months.They'reup 5.8% in light volume after-hours rebound buys.See all stocks on the move »Now read:K12 Inc: Another School Closing, Another Significant Hit To Earnings »
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